“As part of our ongoing work to remove constraints to greater investment, we have established a team from the Presidency, Invest SA, National Treasury and the Department of Planning, Monitoring and Evaluation that will address the policy, legal, regulatory and administrative barriers that frustrate investors.”

As part of the country’s economic recovery plan, Eskom will be unbundled into three entities; generation, transmission and distribution.

Finance Minister Tito Mboweni will provide more details on plans to take over Eskom’s debt in two weeks’ time, which the company says is prohibiting it from borrowing much-needed capital.

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